Pinterest Stumbleupon Whatsapp
Ads by Google

Diablo III’s Can Your Computer Run Diablo 3? Let's Find Out [MUO Gaming] Can Your Computer Run Diablo 3? Let's Find Out [MUO Gaming] Blizzard games are known for their cartoonish, high-color art style. By focusing on character and level design the company can make new 3D titles that are attractive but also relatively easy to run. Gamers sometimes... Read More promised “real money” auction house has just launched. As its name implies, the real money auction house (RMAH) lets players purchase items for real cash. The currencies currently supported include the U.S. dollar, the Australian dollar and the Mexican peso.

Current prices are high. The best items are listed with buyouts of $250 while even rare items aimed at characters early into Nightmare difficulty are commonly priced at $5, $10 or $15.

Before you cancel your plans to look for a summer job, you should note that no-one knows if items are selling at these prices. It’s likely that the market is currently flooded by greedy geeks looking for easy money and that those items with bid options are selling for much less. Prices will probably settle once sellers realize that no one is going to pay $250 for anything besides the very best items.

Blizzard is touting the feature as a way to counteract black market sellers that have long profited off the company’s Diablo and World of Warcraft World Of Warcraft Now Free To Play To Level 20 [Mac & Windows] World Of Warcraft Now Free To Play To Level 20 [Mac & Windows] World of Warcraft gets a lot of bad press, yet clearly it’s doing something right to a have a few million players worldwide. In a bold move to invigorate the aging game, attract new players... Read More franchises. Illegitimate sellers have often been an avenue for malware, account hacking How Are Video Game Accounts Hacked & What Can You Do To Protect Yourself? How Are Video Game Accounts Hacked & What Can You Do To Protect Yourself? Game accounts have been the targets of hackers for years, but as more games go online or require account verification the stakes are only rising. Having your account hacked could mean hours of lost work... Read More and scams.  The company hopes that offering a legitimate method will counter such problems – and also make Blizzard gobs of money.

Money made on the RMAH can be cashed out (for a 15% fee) or can be used to purchase other products on Battle.net without penalty. Additional currencies are to be added in the coming days, though there is no published roll-out schedule.

Ads by Google

Source: Inside Mac Games

  1. Hosa
    June 16, 2012 at 9:06 pm

    I'm not looking to make bank with the rmah, however I can tell you that some of the overpriced 2-handers do sell. I managed to sell a 1495 dps one that i had bought about 2 weeks ago with 8 million gold for $80. Since, I'm not going to spend my whole summer playing this game, I figured I'd sell all the items that I have equipped. I just want to get the money I invested in this game back, while I force myself to study for EE before fall sememster starts.

  2. Dany Bouffard
    June 14, 2012 at 2:36 pm

    My son is using this at the moment do get some easy cash, and he did a good amount in 2 days already.

    • Chris Hoffman
      June 15, 2012 at 6:55 am

      Really? How much can a person actually make? I don't think I should quit writing for MakeUseOf any time soon...

  3. Mihovil Pletikos
    June 14, 2012 at 1:36 pm

    this is so diabolic (III) by blizzard :)

  4. Chris Hoffman
    June 14, 2012 at 11:34 am

    Bear in mind that the prices will be driven down by people farming these items in developing countries where a few dollars a day will do. I've seen comments from people that think they'll actually make decent money with this -- I don't think so.

    Bear in mind there's also $1 transaction fee per sale, plus a 15% cash-out fee, and then you'll lose a couple percentage points in PayPal's currency conversion if you don't have a bank account in a supported currency.

    Always-on DRM and real money auction houses -- it's like everything that's wrong with modern PC gaming in one game!

    • Joel Lee
      June 14, 2012 at 1:20 pm

      All of my D3-playing friends have been going crazy ever since Blizzard announced the RMAH. They really, truly, actually believe that they'll be able to make enough money to beat minimum wage by playing the RMAH. I keep telling them that it's all a pipe dream.

      The $1 transaction fee PER SALE and the 15% cash-out fee ON TOP OF THAT is just terrible. Absolutely greedy on Blizzard's part. With that kind of crap, people are just going to return to black market tactics.

    • Matt Smith
      June 14, 2012 at 4:37 pm

      Ah yes, the dream of every geek. We all think that we can do this at least once, no, really, we can, despite the fact that 99.99999999999999% of people to ever try have failed miserably.

    • Chris Hoffman
      June 15, 2012 at 6:57 am

      Personally, I'd really like to see some statistics about the RMAH and how much money people are actually making on it. I don't think it will be a lot of money.

      And I think it will be even less soon. Prices will crater.

  5. Ashwin Divakaran
    June 14, 2012 at 11:21 am

    DIABLO = DIVINE

    • Alex Downs
      June 14, 2012 at 4:21 pm

      Wow, why does this comment just raise like 100 red flags to me?

Leave a Reply

Your email address will not be published. Required fields are marked *